🚨 CRYPTOCURRENCY TAX IN BRAZIL 🇧🇷 | WHAT YOU MUST KNOW 🚨
If you hold or trade crypto in Brazil, there are 3 key tax obligations you can’t ignore 👇
📝 1️⃣ Annual Declaration (IRPF / DIRPF)
You must declare cryptoassets if:
* Your total acquisition value ≥ R$ 5,000 on Dec 31 of the year
* OR you fall under any other rule requiring an income tax return
🔹 How to declare:
* Go to Assets and Rights
* Select Group 08 – Cryptoassets
* Choose the correct code:
* `01` Bitcoin
* `02` Ethereum
* `03` Other altcoins
* `10` NFTs
* Include:
* Asset type & quantity
* Exchange name + CNPJ (or self-custody wallet)
* Acquisition value in BRL (average cost)
⚠️ Always declare the purchase value, not market value.
💰 2️⃣ Capital Gains Tax (DARF – Monthly)
Crypto profit tax is NOT paid annually — it’s monthly, if applicable.
✅ Tax exemption:
If total crypto sales in a month are below R$ 35,000, NO tax.
❌ Taxable:
If monthly sales exceed R$ 35,000, profits are taxed.
📌How to pay:
* Calculate gains using GCAP
* Pay via DARF (code 4600)
* Deadline: Last business day of the following month
📊 Tax rates:
* 15% up to R$ 5 million in gains
* Progressive up to 22.5% for higher amounts
📤 3️⃣ Monthly Reporting (IN 1888 & DeCripto)
🏦 Brazilian exchanges:
They automatically report your transactions to Receita Federal.
🌍 *Foreign exchanges / P2P trades:
YOU must report if total monthly operations exceed R$ 30,000 via e-CAC.
🆕 What’s changing?
New rules (IN 2291/2025 – DeCripto) will increase reporting detail to match OECD standards.
⚠️ Final Tip
Keep detailed records of:
* Dates
* Quantities
* Values
* Acquisition costs
* Exchanges & wallets used
This helps you stay compliant and avoid fines🚫
